Intelsat: High demand for tender offer
Intelsat is looking to refinance a large slice of its debt by buying in some $625 million (€557m) of its bonds at rates below par, and it seems its offer is oversubscribed. Consequently, Intelsat is tightening up its terms and instead of paying between $710-$755 per $1000 of debt, it is trimming the offer and […]